Clause 27[4] introduced the employee shareholder scheme and a new employment status of employee shareholder.

The employee shareholder scheme is an employee status where an employee is given shares worth at least £2,000 on receipt in return for which the employer is permitted not to extend unfair dismissal rights, rights to statutory redundancy pay and other employment rights to the employee.

About the Project

The Public Whip is a not-for-profit, open source website created in 2003 by Francis Irving and Julian
Todd and now run by Bairwell Ltd.

There are lots of plans afoot, including extensive redevelopment of the site and plans for new
functionality. To keep up with what's happening, please check out the blog. We're working on updating all the contact
details throughout the site, but if you'd like to talk to us about the project, please email
[email protected]